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[The following information applies to the questions displayed below.] The following transactions occurred during July: 1. Received $1,450 cash for services performed during July. 2.

[The following information applies to the questions displayed below.]

The following transactions occurred during July:

1. Received $1,450 cash for services performed during July.
2. Received $7,300 cash from the issuance of common stock to owners.
3. Received $725 from a customer as payment for services performed during June.
4. Billed $4,550 to customers for services performed on account in July.
5. Borrowed $3,100 from the bank and signed a promissory note.
6.

Received $1,975 from a customer for services to be performed during August.

What is the amount of revenue that will be reported on the income statement for the month ended July 31?

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